6047 Declaration Circle Gate #132Citrus HeightsCA95621
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Citrus Heights at 6047 Declaration Circle Gate #132, Citrus Heights, CA, 95621 offers a 8.51% rental yield on a $249,000 purchase with $1,766/mo rent. Total monthly income registers $1,766/mo, and a $1,219/mo payment leaves $225/mo available for distribution. Annual cash flow reaches $2,704/yr on $82,544 to close, and return on cash invested stands at 23.19% in year one. Equity gained on principal adds $1,607/yr while 5% annual appreciation supports $68,794 over five years. Portfolio math shows five-year ROI at 120.46% and total cumulative return in cash at $99,428. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,766/mo property income against a $1,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 95621, Citrus Heights, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,605 (100%) |
| Owner Occupied HU | 10,893 (61.9%) |
| Renter Occupied HU | 6,017 (34.2%) |
| Vacant Housing Units | 695 ( 3.9%) |
| Median Home Value | $452,182 |
| Average Home Value | $504,245 |
Housing Distribution
Address Breakdown
Residential
17,293
Single Family
15,473
Multi-Family
1,820
Businesses
408
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Listed by: Patrick Crocetta • Hometown America, a Manufactured Home Dealer
Mls Name: My State MLS
Mls ID: #11489025